Report: Magic Leap leads in VR investment

Upload VR and Greenlight VR has ranked companies by venture capital investment, and Magic Leap was in the lead with nearly $600 million of total investment. The ranking was based on a Greenlight VR report released in late July.

In the past five years — not including acquisitions such as the $2 billion purchase of Oculus Rift by Facebook — there has been over $765 million invested in the virtual reality field by over 166 investors, and the trend is accelerating.

(Image courtesy Magic Leap.)

Largest virtual reality investments

Magic Leap: $542 million led by Google in October 2014, following $50 million in February 2014.

Maria Korolov is editor and publisher of Hypergrid Business. She has been a journalist for more than twenty years and has worked for the Chicago Tribune, Reuters, and Computerworld and has reported from over a dozen countries, including Russia and China.